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20120901
20120930
Search Results 0 to 15 of about 16 (some duplicates have been removed)
to the stories. it is a bigger story for the europe than the united states. >> in the united states we have a different set of worries we are seeing warnings from big american companies about their future earnings. we ended the third quarter and already we heard from fedex, caterpillar, big global companies that are citing europe. caterpillar is citing china, as well. what are you expecting out of the earnings period that we will see in the next couple of weeks? >> there is a slow down in the global economy. off recession in europe and a slowdown in china which is more significant than the chinese gdp numbers suggest. that is rippling to countries like korea, taiwan and japan. that is affecting the global economy. big global companies are hurt by that. more domestically-focused companies in the united states ought to do better. >> what about the fiscal cliff. it doesn't look like anything will happen until after the elections. we have the tax cuts expiring, spending programs expiring. a lot of people think it will lead to a recession in 2013. how do you think this gets resolved, an what sub
in the united states, however, on the fiscal cliff, which you are very concerned about. the xpiration of the bush tax cuts and automatic spending cuts that come if there's no budget agreement. how do you view this playing out? what are the implications for the market? >> i think this is very important. last week maybe the point when investor sentence focuses on this instead of europe. first of all, the size of the fiscal cliff at about 650 billion, 4% of gdp. it would be hitting at a time when the economy is weak and particularly the consumer is weak. i do think this represents a big danger to the economy. the challenge is it's not discounted into the price. we're all talking about it, i've met very few investors who believe it will happen. if we do start to move to an environment where it becomes more likely, it will create volatility and also hit equity prices as well towards the end of the year. >> how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of things investors can do. one thought is for those that hav
agency issued a warning to the united states. moody's says if congressional negotiations fail to stabilize america's budget, moody's will lower the debt rating. mark zuckerberg maez made his first appearance at a technology conference. he said facebook was focusing on mobile. the stock price was disappointing, he said. facebook has half of the ipo price. >>> apple introduced iphone 5. it is faster, lighter, thinner and has a small ir dock connector called the lightning rod which is not compatible with earlier phones. apple stocks hit highs after the announcement. >>> a major move by the fed but what does it mean for your money? who better to answer these questions than pimco officer bill gross. he runs the total return fund. thank you for your time. >> thank you, marie. >> so much to talk about. let me begin with the fed action. $40,000 billion of securities a month to help boost the economy. could the fed have done more? was this throwing everything at the economy in your view? >> i think this is the most significant step since paul promised to break the back of inflation wit
different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> is your money safe in a question that is top of mind for almost every investor out there today. can the agency charged with watching the markets keep up with faster and newer technology? do they have enough weapons to fight fraud? mary shapiro, chairman of the securities and exchange commission. she joins me now for a rare interview. mrs. chairman, it's great to have you on the program. thanks for joining us. >> thank you, a pleasure to be here. >> i
that the ecb basically bought time. the clock is ticking in the united states on the fiscal cliff, which you are very, very concerned about. the expiration of the bush tax cuts, how do you view this playing out, and what are the implications for the market? >> you know, i think it is very important. last week, the point when the investor attention really starts to focus on this when it is in europe. so it is a big deal, the fiscal cliff, 4% of gdp, secondly, it would hit at a team when it is the consumer's week of the it represents a big danger to the economy, the challenge is it is not discounted into the price. in other words, we're all talking about it. i have met very few investors who believe it will happen. and if we move to an environment where it is likely, it could create volatility in the market. >>> so how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of things that investors can do. one thing is the people that have the flexibility, right now the options in the market, that is low. you buy insurance for th
and as i said the united states taxpayer had to step in and backstop those funds with a guarantee. we should never want to see that happen again. >> how do you avoid that at this point? people have money in money market accounts and they think it is money in the bank. when you say break the buck. explain what that means and what steps have you taken to ensure that won't happen again? >> sure. well, people do assume what you are saying is they put a dollar in a money market fund they will get a dollar back out but it is in fact a portfolio of investment securities and they fluctuate in value. so the $1 stable net asset value as we call it is a bit of a fiction. the money market fund may be worth more or less than that at any given moment as the portfolio securities fluctuate. >> mary, there have been so many events to ruin investor confidence. you can look at the flash crash of 2010, the software glitch in august. are toward safe? do you have the regulations and personnel to keep them safe? >> i think towainvestos tors are in our market. you think of the flash crash wesh immediately ca
Search Results 0 to 15 of about 16 (some duplicates have been removed)